43 C.F.R. § 3509.10 What are future interest leases?
Title 43 - Public Lands: Interior
BLM issues noncompetitive future interest leases to persons who hold present mineral interests that will revert to the Federal Government at some future date. Future interest leases allow the present interest holders to continue using their present mineral right once the Federal Government acquires it.
Title 43: Public Lands: Interior
PART 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE
Subpart 3509—Fractional and Future Interest Lease Applications
§ 3509.10 What are future interest leases?